Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$315,558$297,000
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$1,578$0
Note rate3.850%7.320%
Blended rate3.850%7.560%
1st payment$1,617.39$2,040.18
2nd payment$0.00$0.00
Taxes / mo$275.00$275.00
Insurance / mo$150.00$150.00
MI / mo$0.00$59.40
HOA / mo$304.00$304.00
Total monthly$2,346.39$2,828.58
Cash to close$14,442$33,000